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tv   Lou Dobbs Tonight  FOX Business  July 11, 2013 10:00pm-11:01pm EDT

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see you next week. [applause] ♪ if you cannot catch us live. have a great night. lou: good evening, everybody, thank you for being with us. a record-breaking day on wall street and the rally was underway from the opening bell. dow jones industrial average u up 170 points on the day closing at a new record of 15,461. the 24th recorclose of this year. ve of the past six trading days now up 18% year to date. the s&p setting hiown record at the close of more than 22 points closing at 1675. the broader index 18th record close of the year. up more than 17% year to date
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and the nasdaq gaining 67 and half points reaching a new 52-week high. index up for six consecutive days 11 of the past 12and for the year the nasdaq has gained 18%. the russell 2000 closing at an all-time high today as well as the small-cap index up 13 points on the day, fifth record close in a row. man, wt a record-setting year this is. measuring today's paper gains at $275 billion. $1.3 trillion over the past three days alone and a opping $3.2 trillion in market cap on the year. the total market cap of the wilshire 5000 now $20 trillion will be taken all of this up here tonight with former st. louis federal reserve and vice president and investments
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chief economist. also, prosecution in the george zimmerman murder trial parading the shortcomings thrghout the proceedings but today the prosecution's maneuversooked positively dperate and the judge at times seems to be presiding over a kangaro court. on the case. president obama's most recent job's approval rating showing the president's numbers underwater. the president's foreign policy failures in the middle east resulting in failing grades from the public in a couple influential polls. the 18 note pe it up along with the latest in a multitude of obama scandals. any threats this country at a sobering pentagon assessme of iran's military power. in th new report finds iran to develop and test an
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intercontinental ballistic missile capable of striking the united states by 2015. it would be the delivery system the region needs to carry out a nuclear strike against this country if it is allowed to develop a nuclear weapon. one major u.s. ally in the region may be countering iran's intentions. it bridgea briti analysis discld much a site in saudi arabia's dese with missiles targeting iran and israel. saudi arabia opposes israel but western backed rulers are concerned about iran and its pursuit of nuclear weapons. usa to egypt under review after last weeks to that e obama administration still refuses to call a coup. marking the shift in white house policy for press secretary said suspending aid to egypt wld
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not ben the best interest of the united states. "the new york times" reporting egyptians are seeing some improvement in their daily life he had life. gasoline lines dawn, p outages have ended, andolice are back on the streets assuring publ safety. the times reporting that that suggests a campaign by former mubaraks supporters to undermine moi, a campaign that w obviously successful. the latest party newspaper report on in as a surveillance claims microsoft played a major role in helpi the federal government obtained data on its users. according to the guardian, microsoft held both the nsa and the fbi get around its encrtion sohat the agencies did access outlook, hormel, and video. that affirmation, reportedly provided by liquor edward snowden whose whereabouts remain unknown. the latest that edward snowden
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may have been on regular scheduled flight from moscow to cuba after one flight took an unusual route mysteriousl avoiding u.s. airspace. it turned outhere was an unusl lot of turbulence over greenland many other flights ended up falling very similar but unfamiliar flight pterns. joining us now to assess the latest threats to this country, a retired four-star army general, former army vice chief of staff and fox news military analyst. general, good to have you here. let's begin, if we m, with this new rept. it's highly specific. an icbm for iran by 2015. that must mean tha they have come a long way in a very quick amount of time. secondly, the threat that it would reach the united states. >> a serious threat, but i don't doubt the assessment.
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i'm not familiar with the details of it. it's not class of -- not on classified. the iranians have one of the most aggressive offensive miile technology programs in the world. they have right now short, medium, long-range balliic missiles that rea the gulf states, reached israel, southern europe. th is in their possession. the next up is one t you're discussi. it is a logical step for them, and that is to develop an intercontinental missiles -- missile system capable of reaching the number one strategic enememy in the world, which declared in 1980, the number one country that will keep them from dominating and controlling the muslim countries of the world, and that is the united states of america. the fact that there in pursuit of his debt to be real. lou: the further intelligence that saudi arabia has two missiles, icbm scum appointed --
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misses, i should say. not icbm. ready the strike from within its borders against iran israel. my first question is, why a we learning this? is has been obviously a closely guarded secret. this seems to be a point, an inflectionoint of some kind in which suddenly we're being immersed in previously classified top-secret information. one suspects that is not an accident. >> none of that as an accident, surely. people are relsing the information. th regional opponent to the iranian objective and dominance of the middle east. that has been true since 1980. said the saudis have missile defense systems that they're developing. they certainly have offensive missile technology. we can make an assumption, lou, that the saudis at least have people in terms of consulnts
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helping them develop nuclear technology in the event that th3 iranians have a nuclear weapon because if they carry into a nuclear weapon, there will be a nuclear proliferati in the middle east beyond israel and iran. saudi arab will be right in the middle oo it. lou: and part of whats happening here is a change and the natial dialogue and the administration's focus, which had been leading into the summi in california with the chinese president about the cyber attacks tt china is carrying out against the united states. along comes edward snowden. the summit is literally blown out. suddenly it's about u.s. sueillce. we continue at this point -- here we are as w move toward the middle of july, and still there is very little public
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focus on the cyber attacks would continue unabated. and thfocus remains, if you will, u.s. surveillance. when are we going to see a shift here? surely the administration s the capacity to say, we are going to rtore the dialogue that we embarked upon a month ago. >> well, the administration unfortunately is in defensive mode dealing with this iue. they lifted up to general keithe national securitygency to be the spokesperson for the investation. these are really policy issues. the administration should be discussing our policy and why it is important and necessary and in the peopls interest and remiing him in that dialogue of the threat that we have had from china, which has been prolific and extraordinary in terms of its reach insidthis country. we do not collect o chinese techlogy.
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we collect on intelligence from china that is of value to us. they steal our technology. this dealer intellectual property. they also are all or our financial industry in terms of what deals are being made, acquisitions and mergers so they can invest in those deals with an advantage to them, obviously. lou: one of the questions as to be for the american people, why is there so little attention to what general alexander himself as referred to -- those chinese cyber attacks against the united states, both in the private sector and against the government. hehrased it as the greatest wealth transfer in history. anhe continues. we don't hear from of the business roundtable. we do not hear from the chamber of commerce. we do not hear from the national asciation of manufacturers. we do not hear from the think tanks. this is a peculiar silence considering that we are confronting this massive transfer of our wealth to the chinese,hichhey're stealing.
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>> well, it is absolutely tragic we've been discussing this issue for ten years. critical infrastructur is military networks an the government itself, utility inastructure, the finnncial and bking system, and the transportation system. other than the military now work everything else is tolerable to attack. that's never want. number two, the chinese and what they're stealing from us is absolutely extraordinary. military technology and huge intellectual propert to benefit their nation. i know for a fact they're going to have a commercial industry that they are developing in terms of aviation that will look probably american when it comes out, as are some of their fighter aircraft. it's unprecedented what they're stealing from us on a regular basis. and, frankly, senator lieberman who led the effort to try to get some legislation imposed, voluntary legislation to provide better protection for ourselves sales. i think ron the course that we
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will have some kind of event here that will beat someone up catastrophic in terms of cyber attack. that will lead us to the kind of let it -- legislation we have to impose on our cells to provide the kind of protection and absolute firewalls tt truly need. lou: general, thank you for being here. >> always good talking. lou: much more on the latest threats, the obama administration foreign-policy failures taken up with "a-team" here next. dow 15,000 in the rearview mirror. how about dow's 16,000? markets at record highs. russell investments chief economist with us next. ♪ this is greta. she works in quality control.
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♪ lou: near session highs. the dow and s&p posting new records at the close. all ten asn these sectors advancing more than 95 percent of the shares traded on the new york stock exchange posting gains. volume on the big board picking up to almost ran a half billion shares. microsoft up nearly 3%. the streamline operations. -- jobless claims of. imports exports fell for a fourth straight month. gold up 30 to 50 per ounce settling at $1,280. crude oil down a dollar 61, just below $105 per barrel, just as everyone was saying that prices would go higher forever. and the bond market, the yield on the 10-year fell. joining us now to talk about
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another remarkable record-setting performance on wall street, russell investment chief economist. good to talk to you. , the sell-offs. it will see the bond market collapse. equities are done. i mean, what's going on? >> in my view it is not 1994 when the bon market collapse. the treasury yields reached 8 percent in '94. we aren't seeing anythg like that now. it's more like 1984 in the sense that the u.s. economy is a global locomotive for growth. you see falling inftion expectations. rising real yld expectation and also of the that the u.s. economy will not be recession brown. those are all like 198 the bond market will notall off the map. we will see will stabilize.
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i never understood why it jumped so high after the last payroll report. that already melted away. lou: and the ec -- believes that we are going toee a significant rotation from the bond market t equities as some have forecasted and suggested? we are seeing certainly bonds fall off, but we are not seeing that money necessarily move to equities. >> i don't think we're seeing a real short-term rotation. however, if you think about the long-term outlook for bond, over the last 30ears bond investors values to the idea that they would get their coupon return plus a capital gain on the bond. there was a general downward trend of bond yields over the whole last 30 years which is come to an end. bond investors are having these to the idea to expect a coupon yield a net capital gain
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associated with that. that's a shift, but it's not as sudden shift. we knew the bond bull market was coming to an end. people would no longer have a capital gain on a reliable basis. now it's a matter of whether the couponield looks attractive to investors. lou: somebody forgot to tell bill gross about that. apparently was not aware of that shift that everyone knew about. inequities' itself driving part of thisdvan cerinly has been the housing market. now we are hearing talk about deductions for mortgage interest beingcaled back or eliminated altogether. we are hearing a number of possible obstacles to further continued high performance by the using sector. your thoughts? >> i would not hold my breath waiting for any scaling back of the mogage business deduction. i don't think that's going to be
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in the cards any time since. homebuyers can go ahead and purchase. that will be there for some time. i'm pretty bullish on the u.s. housing market. perhaps not as quite as bullish as some of the blue chip analysts i join in terms of the hoing stocks numbers this year and next year, but still a bullish outlook on the housing market. it will be a key driver of u.s. economic growth for several years to come. unexpectedly falling out from the market and all. lou: think you very much. we appreciate you being with us. >> thank you. lou: up next and two prominent lawmakers earning, well, one o the lows towards if this broadcast can confer. we will tell you who is being ground next. and the prosecution in the zimmerman murder trial making and outlandish requests. closing arguments comommence. closing arguments comommence. "dobbs there is a pursuit we all share.
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a better life for your family, a better opportunity for your business, a better legacy to leave the world. we have always believed in this puuit, striving to bring insight to every investment, and integrity to every plan. we are morgan stanley. and we're ready to work for you.
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lou: we have someone here mullip times, politicians to distort and distract from the truth.
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we confer and crown enough with stunts can send of of what a lot of them to our friends in washington d.c. tonight we would like to count to more of our favorite politicians committees from different chambers of congress and from different sides of the aisle. ecumenicalnd symmetrical and fair and balancee. there. we are starting with republican senator john mccain. john mccain today sounded a lot like president obama's official spokesman. >> there is a broad coalition to support common sense and immigration reform. >> there is an almost unprecedented coalition of support for this legislation. >> support from ceos and labor leaders. >> the business greedy, the labor community. >> from state leaders and law enforcement leaders. >> the evangelicals, catholic church. lou: wow. in unison. it would have thought.
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did anyone tell senator mccain that the gang of a legislation diedn the house? debt as a doornail, not unlike support. ed government deceived -- senator mccain just literally dump struck him -- partner with the newly elected democratic senator elizabeth warren and together theintroduce legislatn to reinstate class stiegel and break up the too big to fail banks. there are times when you wonder how senator mccai and all of his partners, senators kennedy and lieberman and gramm, how did they find each other? that is a subject for another broadcast. mccain is also calling for us to end u.s. aid to egypt. no one knows exactly what gives them special insight into egypt or why he was elected to be the gop spokesman on egypt or why he
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has the greatest understanding of strategy in the middle east. we don't know. he is tre and he always has a microphone and a camera in front of him. nator rand paul beating into the pines, introducing the first legissation today to end the and a half billion in aid that we send egypt every year. we are sure there will be plenty of other mccain-fill-in-the- blank bills to irritate as. he wears his first dunce cap of the evening. for our next dunce cap we move to the house where congrswoman nancy pelosi delivered this reed a. >> the audacity to split off the nutrition parts of this bill is so stunning i would say it is one of the worst things you have done, but there is such stiff competition for that honor that i cannot really fully say that. when you take food out of the mouths of babies and you prevent
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the bill from going forth that addresses our food banks and nutrition needs and the rest for our country wha a you thinking? lou: minority leader policy putting on a terrific performance, don't you think? but congresswoman, what about you? what are you thinking, as you put it? eleven when you do that. what happens -- whats she so upset about, the republicans have decided to actually lead. they're thinking, strategizing, doing something. and today again -- kendis marks, by the way, two days in a row, yesterday deciding that the senate immigration bill was dead and that the house would prevail in its which is an incremental and intelligent and deliberative way to move forward on through immigration and border security perform. does anyone outside washington think, for example, that if he were to call something the farm bill that may be it should be about agriculture?
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is it really so bizarre to confine the content of thear bill to agriculture? that is exactly what the house did today. it is what set off nancy pelosi and the democrats. the farm bill today passed becauseongresswoman pelosi, she does not like to see ever cultural things and something called the farm bill. well, we have given her, again, our lows toward and want to point out that she is a multiple award winner. ♪ closing arguments in the george zimmerman murder trial. is this a kangaroo court or what? attorneys join us in "dobbs law." ♪ if you've got it, you know how rd it can be to breathe and man, you know w that feels. copd includes emphysema and chronic bronchitis.
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♪ >> and you see what he's saying
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now. he is saying that -- how does he get that out? armpit. how does he get the gun out? lou: that is the prosecution and that george zimmerman murder trial making closing arguments this afternoon. tomorrow we will hear from the defense. the judge ruled early today that th jury can consider, in addition to the charge that has been before them all along, that is murder, they now may consider a lesser charge of manslaughter in addition to the original charge of second-degree murder. if found guilty of manslaughter is our men will be sent to jail for up to 30 years, and that apparently is going to the lead @%e charge just for the closing arguments. that's the kind of trial were watching. joining me now to make sen of all of this is criminal defense attorney and fox news legal analys good to have you here. criminal defensettorney heather hansen, thank you for
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beg here. i have to say, when this trial -- this trial has been to me, frankly, -- just the, the evidence is overwhelming of the trial should never have begun in the first place in the local authorities had it right and all of the other folks who insisted upon this process have made, to me, george zimmerman a political sacrifice. this is shameful for the legal profession, the state of florida. it is rrific. >> i think that when they thought they would be able to get these boys experts and -- the state had to voice experts to said unequivocally that they believe that it was trayvon martin who was yelling help and they had george zimmerman saying this shall be done. that fit io a different narrative. had they been able to put that evidence forward i think the case would have played out differently, but they lost their narrative the satday before the trial and there was no word ago. lou: do you agree? >> and i disagree with what she said. i may disagree with you.
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it is the lou dobbs show. withhe greatest and most respects, you do have a 17-year-old person here who is dead, who did not have a weapon, who was not doing anything suspicious. it's not like he had a flashlight and was looking in cars. he was looking in windows of homes. you have -- lou: well, that, counselor, goes to the issue of how alarmed and concerned george zimmerman might have been, but that is a matter of pceptio. as you know, counselor, human nature -- >> his justificaon defense. lou: not whether or not he should have been concerned, but whether or not at that moment he was lying othe ground being pummeled. >> that is where igree with you. lou: let's get to that part. [laughter] >> i agree with you in tse final seconds. lou: that is what this case is all about.
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>> legally that is what it is all about. but as a society is that whats the -- it is all about? >> that is what the prosecution is trying to argue. everything that led up to that moment because in the moment there no case. they're talking about the things that are there brings up. >> the bottom line is, if i come up to you for no reason -- lou: this is not going to end well. [laughter] >> is not going to end well for one ofs. if i come up to you and punch you in the face for no reason -- lou: and that's aad start. >> and now you start attacking me in getting e better of me and banging my head against the cement and i take out a gun and shoot you, i started the fight. just because you started beating me up, does that mean i should be able -- lou: that's a good point. >> but zimmermann started the ght. >> with zimmerman started the fight. by following him. [lghter] >> i apologize, your honor. no bickering in my courtroom.
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lou: i don't mind the bickering, but i need to understand what it's about. i think that was the toughest. here is the issue. that is, irrespective of all of this other -- all of the other events and phases of this encounter, the moment in which george zimmerman is hitting his head teeseven this is his claim, and there is evidence to support it, being slamm against the payment -- pavement. at that moment he has a choice. he either risks being rendered unconscious and being incapable ofefending himself or he draws his weapon -- >> correct. lou: as an equalizer and fires a to save his life. >> correct. that's it. >> that's it, and that is what the defense will have to argue tomorrow. they got a point today by saying that the judge will not define great bodily harm because then it would come down to whether or not the marks on the back of h
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head were bad enough to make self-defense inappropriate. lou: it is not about the mark's. it's about the marks that were left and what he felt at that moment. >>ometimes these laws are fact specific. lou: please. >> if i may have 30 seconds, i represented a woman named brigitte harris who cut of her father's private park, but it's all in his mouth, and he died she took the stand and admitted what the prosecutor holding up to each and every count of murder. she clearly kill them and that is what shedmitteted to. the jury found her not guiy because she also said i killed him because he was raping me my whole life and was abo to startipping my five year-old daughter. my five year-old niece. but a letter of the law she was 100 percent guilt that issall you called jury nullification. you can have one wan who says, when a minute, fox business was just walking, minding his own instance -- mining is on business. lou: who will hear the final arguments tomorrow. at this point, does george
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zimmerman in your judgment based on the evidence and testimony you hea in the rulings by this judge and now want to check it very quickly your judgment about her. jesse, in fact -- is and there are mounta of doubt about what happened that day? not just a little? >> they should be. unless what arthur just described happens and they get a juror who will not agree to it for personal reasons >> situational reasons. >> right. absolutely at think there will be an acquittal onf manslaughter and secondary. >> i concur. i believe that the way you put it, there is a doubt. it is not so clear as to who was doing what. you don'tend a guy away for life unless you know really what happened. lou: the second part of tha the idea that they would introduce a charge of manslaughter after the trial. >> it happens. >> can you call on me. it isctually kind of typical
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and happens on both sides. in other words, if the case was going very well for the prosecution, the defense, now the effort all the evidence, the fact pattern fits a large charge, so of the defendant think he's going down, marietta about murder to. >> i is put them in a difficult position. he will have to decide whether the focus on that before their robotic comes back up. you will give the robot will. lou: and this judge, is she as bad ass she appears to those of us who are lame? >> she has up prosecuto spent for sure. she is known to give the -- lou: political? >> she moves along. by jeb bush.
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lou: i have to. when arthur aidala talks about a judge, the first thing [laughter] lou: sun's snappy pictures. we thank you both. >> thank you. >> we will see what happens. lou: thank you so much. up next, president obama roofie -- receiving failing grades into influential polls. the "a-team" takes up that and an administration that is now, well, very much on the defensive. is it also land? we are comin right back. ♪ with our "name your price" tool, people pick a pric and we help them find a policy that works for them. huh? also... we've been working on something very special. [ minions gaspohhh!le ] ohhh! one day the world... no, the universe wilhave the pricing power they deserve. mouhahaha! mouhahaha! uhahaha!
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president's approval rating is under water and, 44 percent approval -- dapproval. 48 percent gallup. the dly gallup has an underwater as well. jeddah diet, your reactn? >> not surprised. there has been a lot of lack of consistency. the public struggles to figure out where barack obama stance, why we intervene in certain areas and not others. will we choose to intervene, particularly with respect to syria. redefining the red line. all lot of confusion and what the public likes is clarity. want to know where he stands, and i will also said that in that particularoll 60 percent of the people polled do not want us involved in syria, so there is an non ierventionist sort of wing that is emerging, particularly from libertarians to say we're broke and what is the benefits? lou: and the national polls on the issue have an even larger percentage who are opposed to
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intervention in syria. these numbers reflect what if the republican party is incapable of coming up with an effective counter trading strategy? >> look, absolutely. we cannot capitalize on the deficiencies of this president then we deserve whateet. let's face it. if it was not for bad news obama would not make news, with a domestic policy, job creation. debt, foreign policy and not taking a stand, letting countries like china and russia dismiss the president's by taking in america's most wanted and the president is powless and the white house to stop foreign policy disadvantages, whether disadvantages hurt our economy are not. lou: yesterday and turning to immigration, the house has now seized the lead on the issue. it is said dap stripped by the repuf the house. think we should give specific
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credit to congressman god -- bob elantra kimmel's of the strategy to incrementally move forward on e-verify, border security , the --ontions precedents to the reform of immigration law, perhaps a pathway to citizenship, but at least a pathway to legalization. this is the way the speaker of the hou, if we may listen to the speaker -- dissing is the way that he talked about immigration today after what was a hallmark moment for the republican said yesterday. >> we have a broken system that needs to be fixed. i made a strong case just ahead in these to be fixed. and republicans are a big part of the solution. [inaudible question] >> it is always inhe party's benterest and we're doing the right thing for the country. lou: i have to ask both of you. the speaker just said that
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republicans ought to be part of the solution just as they have grasped the mantle of on the issue have turned then snatched victory from the jaws of defeat, and the speaker says that they should be part of the solution. >> policy wise that was not a great choice of words. but the policy was it will be very hard for him to back down. theseomprehensive bills, everyone knows that no one reads the markets the time to us figure out what is in there. lou: people do listen to the speaker, an aegis said republicans ought to be part of the solution when they have just started leading in the issue. his leadehipnd the support that is behind speaker, my god, they had to be pulling their hairut. >> absolutely. he should have been standing their heralding the good work that somebody that he leads, bob could laugh, has laid down a solution for everybody else. we have a town full of politicians, but we are light on
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statesman and women buried here you have someone who has come up with a solution not only makes sense but i think in the past. as to incrementally let's do that wch is needed first. at pathway his citizenship, benchmarks and statistics that will warrant the kind of changes. lou: their will be hearings, stack findings and -- fact-finding. we will be very american. lou: -- >> this is not a guy when it comes to many issues is someone who stands firm in gets up there and makes a statement that will let everyone know, this is what we are going to do. i'm not surprised. i think it will be other people that will be the lears on this maer. lou: there are some very strong -- is some very strong leleadership now at theop of the
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being an onstage performer. the author, mt of hard-core bond. ♪ the pursuit of a better tomorrow something we all share. but who can help you find your own path? who can build you a plan, not just a pie chart? who can help keep your investments on course, atever lies ahead? that someone is a morg stanley financial advisor. and we're ready to work for you.
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♪ of true tv hit reality show "hdcore pawn." you have to love the title, if nothing else. in its seventh season and he is out but a new book that offers is unique insights into his
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business and business itself. for what it is worth, business wisdom from a pawnbroker. great to have you. and, you know, i am one of those guys who loves to kind of walk-in to a different city or whwhenever, walk into a pawn shp and just see all -- everything there. something will always a private -- surprise you. >> surprises me after doing this my whole life everyday surprises me because there are so many unique items. lou: and to derive -- you know, once heard a fellow say tha nothing happens until you make a sale. i walk into a pawn shop and most of the time i have to kind of work around. no one comesp and dress to sell me anything. it is there on display, no one is selling. you guys make a big decision. i guess you're most exposed to your taking that bonn night a man putting cash in somne's pocket. i never see the sales side of it .
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>> that's not the unique part of it. the story is probably the reason you watch. that is where the stores are. you want to buy a ring, why you get a rin, giving gays got someone's birthday. great. the stories behind the items as always in need. lou: people come in and want money. what percentage of the folks to come and looking for mon actually get it? what percentage of folks who come and get as much as they think that they shold? >> wl we have accomplished throughout the years as we found a sweet spot. if we give you too much you will never come back and get it. we give you a fair amount between fit 60 -- 50 and 65%. wi that being said, we have across the country a redemption rate beten 80 and 90%. lou: i didn't realize it was that high. >> most people don't. that is an interesting member
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that most people don't understand. we're just a financial ostentation. lou:he book is for what it is worth. i want to hold this up. i want talk aware, as it where. let me get to the other aspect of this. the business lessons that you have learned. how to succeed in business. give us your view. >> in the book you will find out is an autobiography business but. it talks about my story. being on a reality show. now you get to the business aspect. u: best-selling author. >> it's all about negotiating, geing the emotion out of t seller, not having any emotion as a buyer. know your bottom line and remember, be able to walk away. that is the key. also, whether you're a business owner or whether you're employeee you're going to get a lot of life's tough life lessons . when you -- lou: if you did why buy the
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book. >> that's why not giving the secrets away. lou: you want more redemptions. >> right. read the book. the y is when you wake up each and every morning you need to ask yourself, how bad the one it. if you want it bad enough whether an employer or employee you will be successful. or card. lou: and in your experience it seems that cycs come and go. lots of people have to be coming forward looking for money. to you see it ending? give us your sense of the larger economy based upon what you're seeing? >> were a pawnshop. where an economic barometer -- the economy is bad. right now the line is shorter, redemptionines a logger, retails' better. the economy is slowly getting better. lou: the book is for what it is worth. thank you for being here. on sale now everywhere. bookstores.
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online. go to a loudobbs.com for lks. we recommended to you highly. that's it for us tonight. former federal prosecutor andrew mccaathy joins us tomorrow. please be with us. please be with us. thank you f being with us [ male announce] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stoch, and abnormal vision. to avoid long-term injury, seek immediate medic help for an erection lasting more than four hours.
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neil: don't look now, but this immigration bill is falling apart, and if it keeps up like this, it's going to fall apart for republicans too. welcome, everyone, i'm neil can view toe. let's just say conservatives in the house are not buying into immigration reform that conservative republican senators say they should. among them, representative louie gohmert of the finestate of texas. congressman, you're not too keen on this. what seems to be causing a substantial divide. where do you stand on this? >> well, the fact is, we could agree on an immigration bill, but we have to have border security first. 80 plus, i think, percent of the american people, over

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